DETECTOR · P40

Enforcement Anticipation

Member traded a ticker within 30 days BEFORE an SEC/FTC/DOJ enforcement action was announced against the company. Suggests advance knowledge.

What this detector measures

Member traded a ticker within 30 days BEFORE an SEC/FTC/DOJ enforcement action was announced against the company. Suggests advance knowledge.

What to ask the senator's office

  1. Did the senator receive a classified briefing or executive-branch heads-up on the pending enforcement action?
  2. Did the senator's committee hold any hearing on the regulator (SEC/DOJ/FTC) within 30 days before the trade?
  3. Was the trade timing consistent with public news, or did it precede public reporting?

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